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Results (10000)
Emily Anderson Owning rentals through an LLC
28 March 2024 | 1 reply

Hello.  I'm wondering if someone can point me in the direction of a podcast or blog post about using an LLC to run your rental properties.  We have two long term rentals and an ADU in our back yard.  We created and LL...

Scott Meers Thoughts on Funneling Money into LLC Bank Account???
8 May 2020 | 0 replies

Hello all,
Thanks for reading and commenting - 1st rental duplex will close on 05/22 if all goes well. LLC is set up with Illinois, and paperwork is complete.
No tenants yet. I am going to hold the building for abou...

Nick Scannell House Hacking First Duplex - Should I set up a separate bank account now?
15 July 2023 | 11 replies

TL/DR - I bought a 3.5 down FHA Duplex, I'll be living in one side and renting out the other. I still need to pay towards the mortgage, but I'm saving money compared to renting. Do folks recommend: 1. Just deposit ren...

Michael Gelatt Refinancing my duplex
22 June 2019 | 3 replies

Hi all.  Looking for some advice.  I purchased a  rental property last year that is titled under my LLC. I purchased the property with cash after I took out a HELOC on my primary residence. I first transferred the mon...

Dave Kush Best way to hold cash out refi funds prior to next acquisition
7 July 2023 | 3 replies

I am completing a cash out refinance on a rental.  The rental was previously titled in the name of my LLC, but I moved it back into my name for the refi. I have a bank account in the company name where I've managed al...

David Battle Business Bank Account In Florida
30 August 2015 | 7 replies

Hey Guys,What's the best bank to open up a business account with in Florida? I need to create an account for my LLC so that the funds are separated from my personal.Thanks,

Talia Wiles Is Business Bank Account Needed for 1 Arbitrage Unit?
31 October 2023 | 1 reply

Hey guys! I'm new to the forum, and my husband and I are about to start our first short term rental (via arbitrage). We figured it best to create a separate bank account from our personal account for tax purposes, boo...

Sylvia Herman Utilities and property management payments for rental property
18 January 2016 | 6 replies

Hi everyone,We made a few utility payments for our new house in Florida over the phone and they charged  every time. How can we pay without any additional charges? I am planning on setting up a new bank account and ma...

Dave E. Does it matter when I put cash flow into my business account?
3 August 2020 | 2 replies

General question. I am buying SFR’s. I take the loans out under my personal name. Then after a short period of time request permission from the lender and deed the title of the property to my LLC.My my question is, do...

Hendra Wijaya Which Bank Do You Use For Depositing rents?
11 September 2023 | 1 reply

Hi Biggerpockets users, For those of you that have properties in Southern California, can you recommend me the bank(s) you use for your tenants’ rent payments? I don't want to use my personal account for these type of...